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Russia To Build Venezuelas First Nuclear Plant: Accord

Russia To Build Venezuela's First Nuclear Plant: Accord

Παρ, 15 Οκτωβρίου 2010 - 18:23

Russia and Venezuela signed on Friday an agreement during a visit by President Hugo Chavez to Moscow for Russia to build and operate Venezuela's first nuclear power plant, television pictures showed.

OPEC Secy Gen: Iraq Quota Wont Be Discussed For Few Years

OPEC Secy Gen: Iraq Quota Won't Be Discussed For Few Years

Παρ, 15 Οκτωβρίου 2010 - 18:23

The Organization of Petroleum Exporting Countries won't need to discuss Iraq's quota for years, its Secretary General Abdalla Salem el-Badri said Friday, despite the country dramatically upgrading its reserves recently.

Gazprom Warns EU it Could Turn to China

Gazprom Warns EU it Could Turn to China

Παρ, 15 Οκτωβρίου 2010 - 15:04

Gazprom warned the European Union yesterday (14 October) that proceeding with reforms of the bloc's gas industry would herald the end of stable supplies, as the Russian energy giant would send more gas to Asia.

Gazprom, Bulgaria to Sign South Stream Feasibility Study Deal Next Week

Gazprom, Bulgaria to Sign South Stream Feasibility Study Deal Next Week

Παρ, 15 Οκτωβρίου 2010 - 15:03

Russia's state-controlled gas export monopoly Gazprom will sign an agreement with Bulgaria on a feasibility study of the Bulgarian part of the South Stream pipeline, Bulgarian news agency BGNES quoted Gazprom CEO Alexei Miller as saying on Friday following talks with the Bulgarian government.

Enels Green IPO Values Unit at as Much as $14.8 Billion

Enel's Green IPO Values Unit at as Much as $14.8 Billion

Παρ, 15 Οκτωβρίου 2010 - 15:01

Enel SpAhas valued its renewable energy unit at as much as 10.5 billion euros ($14.8 billion) as it prepares Europe’s largest initial public offering since 2007 to pay down debt.

Iran May Increase Oil Reserves Again

Iran May Increase Oil Reserves Again

Πεμ, 14 Οκτωβρίου 2010 - 17:11

Iran may increase oil reserves again and sees international sanctions as an opportunity for local companies, the country's oil minister said Thursday.

Gazprom Plans To Increase Dividend To 35% Of Net Profit

Gazprom Plans To Increase Dividend To 35% Of Net Profit

Πεμ, 14 Οκτωβρίου 2010 - 17:09

Russian natural gas monopoly OAO Gazprom (GAZP.RS) said Thursday its management has approved a new dividend policy, which sees the limit of dividend payments increase to 35% of the company's net profit from 30% previously.

Gazprom, Romania Sign MOI On South Stream Pipeline

Gazprom, Romania Sign MOI On South Stream Pipeline

Τετ, 13 Οκτωβρίου 2010 - 18:28

Russian natural gas giant OAO Gazprom (GAZP.RS) and the Romanian authorities Wednesday signed a memorandum of intent on the possibility that the South Stream pipeline may transit Romania, Gazprom's chief executive Alexei Miller said, news agency Mediafax reported.

End-2010 US Oil Stockpile Seen At 26-Year High

End-2010 US Oil Stockpile Seen At 26-Year High

Τετ, 13 Οκτωβρίου 2010 - 18:27

Total US company-held stocks of crude oil and refined petroleum products are expected to stand at 1.094 bil bbls at the end of 2010, the highest end-year level since 1984, the EIA projects in its Oct Short-Term Energy Outlook released Wed.